Global Fiber Cement Market Size, Share & Trends Analysis Report By End Use (Non-Residential and Residential), By Raw Material (Portland Cement, Silica, Cellulosic Fiber, and Others), By Construction Type, By Regional Outlook and Forecast, 2024 - 2031

Global Fiber Cement Market Size, Share & Trends Analysis Report By End Use (Non-Residential and Residential), By Raw Material (Portland Cement, Silica, Cellulosic Fiber, and Others), By Construction Type, By Regional Outlook and Forecast, 2024 - 2031


The Global Fiber Cement Market size is expected to reach $23.4 billion by 2031, rising at a market growth of 4.0% CAGR during the forecast period. In the year 2023, the market attained a volume of 77,889.8 Kilo Tonnes experiencing a growth of 18.8% (2020-2023).

Fiber cement is widely used in commercial construction projects across North America for exterior cladding, roofing, and architectural features. North American consumers value low-maintenance building materials that offer durability and long-term performance. Consequently, the North American region would acquire nearly 21% market share by 2031. Also, the US market would consume 14,676.1 kilo tonnes of this cement by 2031. Renovation and remodeling projects contribute significantly to North America's demand for this cement.

Prefabricated construction methods offer significant efficiency advantages over traditional on-site construction, including faster project completion, reduced labor costs, minimized waste generation, and improved construction site safety. This cement play a key role in prefabricated construction by providing lightweight, durable, and easy-to-install building materials that contribute to overall construction efficiency. Prefabricated construction is inherently more sustainable than traditional construction methods, as it reduces construction waste, minimizes environmental impact, and improves energy efficiency. Therefore, the market is expanding significantly due to the growing demand for prefabricated construction. Additionally, incorporating these cement fibers into ultra-high-performance concrete (UHPC) opens new applications for both materials. UHPC reinforced with this cement can be used in structural elements like beams, columns, and facade panels, where exceptional strength and durability are required. This expansion of applications creates opportunities for growth in the market as manufacturers cater to the demand for specialized reinforcement materials. This cement is manufactured from natural elements, including cement, sand, and cellulose fibers, making it sustainable. Thus, as UHPC gains popularity for its superior mechanical properties and reduced thickness requirements, the demand for these cement fibers as reinforcement will likely increase, driving growth in the market.

However, supply chain disruptions, like raw material shortages, transportation bottlenecks, or labor strikes, can lead to delays in production schedules. Supply chain delays can have ripple effects on downstream customers such as builders, contractors, and distributors that rely on this cement product deliveries on schedule for their building projects. Thus, supply chain disruptions can slow down the growth of the market.

By End Use Analysis

On the basis of end use, the market is divided into residential and non-residential. The residential segment garnered a 33% revenue share in the market in 2023. In terms of volume, the residential segment consumed 27,798.9 kilo tonnes of this cement in 2023. This cement’s prefabricated components, such as wall panels, modular systems, and kit homes, are increasingly used in residential construction for efficiency, quality, and sustainability. Prefabricated fiber cement elements streamline construction, reduce waste, and offer home energy-efficient and durable homes.

By Raw Material Analysis

By raw material, the market is categorized into portland cement, silica, cellulosic fiber, and others. The silica segment covered a 14% revenue share in the market in 2023. Silica reinforcement helps reduce shrinkage and cracking in the cement materials during curing and service life. Adding silica fibers or particles improves the cohesion and adhesion of cementitious matrices, minimizing the risk of shrinkage-related issues such as cracking and delamination.

By Construction Type Analysis

Based on construction type, the market is classified into siding, roofing, molding & trim, and others. The roofing segment acquired a 7% revenue share in the market in 2023. In terms of volume, the roofing segment consumed 5,265.4 kilo tonnes of this cement in 2023. These cement roofing materials are engineered to withstand extreme weather conditions, such as high winds, temperature fluctuations, and freeze-thaw cycles. They offer superior resistance to moisture, rot, decay, and insect damage, ensuring reliable performance and weatherproofing for buildings in diverse climates and environments.

By Regional Analysis

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2023, the Asia Pacific region led the market by generating 48% revenue share. In the Asia Pacific region, the demand for construction materials, such as this cement, is propelled by accelerated urbanization and infrastructure development. For example, according to Invest India, the construction sector will grow to $1.4 trillion by 2025. The Asia Pacific region experiences robust growth in the housing industry, driven by factors like rising incomes, demographic shifts, and government initiatives to promote affordable housing and homeownership.

List of Key Companies Profiled
  • Knauf Gips KG (Gebr. Knauf KG)
  • Beijing New Building Materials Public Limited Company
  • Etex NV
  • Swisspearl Group AG
  • Saint-Gobain Group
  • Toray Industries, Inc.
  • CSR Limited
  • Nichiha Corporation
  • SHERA Public Company Limited
  • Beijing Hocreboard Building Materials Co. Ltd.
Global Fiber Cement Market Report Segmentation

By End Use (Volume, Kilo Tonnes, USD Billion, 2020-31)
  • Non-Residential
  • Residential
By Raw Material (Volume, Kilo Tonnes, USD Billion, 2020-31)
  • Portland Cement
  • Silica
  • Cellulosic Fiber
  • Others
By Construction Type (Volume, Kilo Tonnes, USD Billion, 2020-31)
  • Siding
  • Roofing
  • Molding & Trim
  • Others
By Geography (Volume, Kilo Tonnes, USD Billion, 2020-31)
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Fiber Cement Market, by End Use
1.4.2 Global Fiber Cement Market, by Raw Material
1.4.3 Global Fiber Cement Market, by Construction Type
1.4.4 Global Fiber Cement Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Global Fiber Cement Market by End Use
4.1 Global Non-Residential Market by Region
4.2 Global Residential Market by Region
Chapter 5. Global Fiber Cement Market by Raw Material
5.1 Global Portland Cement Market by Region
5.2 Global Silica Market by Region
5.3 Global Cellulosic Fiber Market by Region
5.4 Global Others Market by Region
Chapter 6. Global Fiber Cement Market by Construction Type
6.1 Global Siding Market by Region
6.2 Global Roofing Market by Region
6.3 Global Molding & Trim Market by Region
6.4 Global Others Market by Region
Chapter 7. Global Fiber Cement Market by Region
7.1 North America Fiber Cement Market
7.1.1 North America Fiber Cement Market by End Use
7.1.1.1 North America Non-Residential Market by Country
7.1.1.2 North America Residential Market by Country
7.1.2 North America Fiber Cement Market by Raw Material
7.1.2.1 North America Portland Cement Market by Country
7.1.2.2 North America Silica Market by Country
7.1.2.3 North America Cellulosic Fiber Market by Country
7.1.2.4 North America Others Market by Country
7.1.3 North America Fiber Cement Market by Construction Type
7.1.3.1 North America Siding Market by Country
7.1.3.2 North America Roofing Market by Country
7.1.3.3 North America Molding & Trim Market by Country
7.1.3.4 North America Others Market by Country
7.1.4 North America Fiber Cement Market by Country
7.1.4.1 US Fiber Cement Market
7.1.4.1.1 US Fiber Cement Market by End Use
7.1.4.1.2 US Fiber Cement Market by Raw Material
7.1.4.1.3 US Fiber Cement Market by Construction Type
7.1.4.2 Canada Fiber Cement Market
7.1.4.2.1 Canada Fiber Cement Market by End Use
7.1.4.2.2 Canada Fiber Cement Market by Raw Material
7.1.4.2.3 Canada Fiber Cement Market by Construction Type
7.1.4.3 Mexico Fiber Cement Market
7.1.4.3.1 Mexico Fiber Cement Market by End Use
7.1.4.3.2 Mexico Fiber Cement Market by Raw Material
7.1.4.3.3 Mexico Fiber Cement Market by Construction Type
7.1.4.4 Rest of North America Fiber Cement Market
7.1.4.4.1 Rest of North America Fiber Cement Market by End Use
7.1.4.4.2 Rest of North America Fiber Cement Market by Raw Material
7.1.4.4.3 Rest of North America Fiber Cement Market by Construction Type
7.2 Europe Fiber Cement Market
7.2.1 Europe Fiber Cement Market by End Use
7.2.1.1 Europe Non-Residential Market by Country
7.2.1.2 Europe Residential Market by Country
7.2.2 Europe Fiber Cement Market by Raw Material
7.2.2.1 Europe Portland Cement Market by Country
7.2.2.2 Europe Silica Market by Country
7.2.2.3 Europe Cellulosic Fiber Market by Country
7.2.2.4 Europe Others Market by Country
7.2.3 Europe Fiber Cement Market by Construction Type
7.2.3.1 Europe Siding Market by Country
7.2.3.2 Europe Roofing Market by Country
7.2.3.3 Europe Molding & Trim Market by Country
7.2.3.4 Europe Others Market by Country
7.2.4 Europe Fiber Cement Market by Country
7.2.4.1 Germany Fiber Cement Market
7.2.4.1.1 Germany Fiber Cement Market by End Use
7.2.4.1.2 Germany Fiber Cement Market by Raw Material
7.2.4.1.3 Germany Fiber Cement Market by Construction Type
7.2.4.2 UK Fiber Cement Market
7.2.4.2.1 UK Fiber Cement Market by End Use
7.2.4.2.2 UK Fiber Cement Market by Raw Material
7.2.4.2.3 UK Fiber Cement Market by Construction Type
7.2.4.3 France Fiber Cement Market
7.2.4.3.1 France Fiber Cement Market by End Use
7.2.4.3.2 France Fiber Cement Market by Raw Material
7.2.4.3.3 France Fiber Cement Market by Construction Type
7.2.4.4 Russia Fiber Cement Market
7.2.4.4.1 Russia Fiber Cement Market by End Use
7.2.4.4.2 Russia Fiber Cement Market by Raw Material
7.2.4.4.3 Russia Fiber Cement Market by Construction Type
7.2.4.5 Spain Fiber Cement Market
7.2.4.5.1 Spain Fiber Cement Market by End Use
7.2.4.5.2 Spain Fiber Cement Market by Raw Material
7.2.4.5.3 Spain Fiber Cement Market by Construction Type
7.2.4.6 Italy Fiber Cement Market
7.2.4.6.1 Italy Fiber Cement Market by End Use
7.2.4.6.2 Italy Fiber Cement Market by Raw Material
7.2.4.6.3 Italy Fiber Cement Market by Construction Type
7.2.4.7 Rest of Europe Fiber Cement Market
7.2.4.7.1 Rest of Europe Fiber Cement Market by End Use
7.2.4.7.2 Rest of Europe Fiber Cement Market by Raw Material
7.2.4.7.3 Rest of Europe Fiber Cement Market by Construction Type
7.3 Asia Pacific Fiber Cement Market
7.3.1 Asia Pacific Fiber Cement Market by End Use
7.3.1.1 Asia Pacific Non-Residential Market by Country
7.3.1.2 Asia Pacific Residential Market by Country
7.3.2 Asia Pacific Fiber Cement Market by Raw Material
7.3.2.1 Asia Pacific Portland Cement Market by Country
7.3.2.2 Asia Pacific Silica Market by Country
7.3.2.3 Asia Pacific Cellulosic Fiber Market by Country
7.3.2.4 Asia Pacific Others Market by Country
7.3.3 Asia Pacific Fiber Cement Market by Construction Type
7.3.3.1 Asia Pacific Siding Market by Country
7.3.3.2 Asia Pacific Roofing Market by Country
7.3.3.3 Asia Pacific Molding & Trim Market by Country
7.3.3.4 Asia Pacific Others Market by Country
7.3.4 Asia Pacific Fiber Cement Market by Country
7.3.4.1 China Fiber Cement Market
7.3.4.1.1 China Fiber Cement Market by End Use
7.3.4.1.2 China Fiber Cement Market by Raw Material
7.3.4.1.3 China Fiber Cement Market by Construction Type
7.3.4.2 India Fiber Cement Market
7.3.4.2.1 India Fiber Cement Market by End Use
7.3.4.2.2 India Fiber Cement Market by Raw Material
7.3.4.2.3 India Fiber Cement Market by Construction Type
7.3.4.3 Japan Fiber Cement Market
7.3.4.3.1 Japan Fiber Cement Market by End Use
7.3.4.3.2 Japan Fiber Cement Market by Raw Material
7.3.4.3.3 Japan Fiber Cement Market by Construction Type
7.3.4.4 South Korea Fiber Cement Market
7.3.4.4.1 South Korea Fiber Cement Market by End Use
7.3.4.4.2 South Korea Fiber Cement Market by Raw Material
7.3.4.4.3 South Korea Fiber Cement Market by Construction Type
7.3.4.5 Australia Fiber Cement Market
7.3.4.5.1 Australia Fiber Cement Market by End Use
7.3.4.5.2 Australia Fiber Cement Market by Raw Material
7.3.4.5.3 Australia Fiber Cement Market by Construction Type
7.3.4.6 Malaysia Fiber Cement Market
7.3.4.6.1 Malaysia Fiber Cement Market by End Use
7.3.4.6.2 Malaysia Fiber Cement Market by Raw Material
7.3.4.6.3 Malaysia Fiber Cement Market by Construction Type
7.3.4.7 Rest of Asia Pacific Fiber Cement Market
7.3.4.7.1 Rest of Asia Pacific Fiber Cement Market by End Use
7.3.4.7.2 Rest of Asia Pacific Fiber Cement Market by Raw Material
7.3.4.7.3 Rest of Asia Pacific Fiber Cement Market by Construction Type
7.4 LAMEA Fiber Cement Market
7.4.1 LAMEA Fiber Cement Market by End Use
7.4.1.1 LAMEA Non-Residential Market by Country
7.4.1.2 LAMEA Residential Market by Country
7.4.2 LAMEA Fiber Cement Market by Raw Material
7.4.2.1 LAMEA Portland Cement Market by Country
7.4.2.2 LAMEA Silica Market by Country
7.4.2.3 LAMEA Cellulosic Fiber Market by Country
7.4.2.4 LAMEA Others Market by Country
7.4.3 LAMEA Fiber Cement Market by Construction Type
7.4.3.1 LAMEA Siding Market by Country
7.4.3.2 LAMEA Roofing Market by Country
7.4.3.3 LAMEA Molding & Trim Market by Country
7.4.3.4 LAMEA Others Market by Country
7.4.4 LAMEA Fiber Cement Market by Country
7.4.4.1 Brazil Fiber Cement Market
7.4.4.1.1 Brazil Fiber Cement Market by End Use
7.4.4.1.2 Brazil Fiber Cement Market by Raw Material
7.4.4.1.3 Brazil Fiber Cement Market by Construction Type
7.4.4.2 Argentina Fiber Cement Market
7.4.4.2.1 Argentina Fiber Cement Market by End Use
7.4.4.2.2 Argentina Fiber Cement Market by Raw Material
7.4.4.2.3 Argentina Fiber Cement Market by Construction Type
7.4.4.3 UAE Fiber Cement Market
7.4.4.3.1 UAE Fiber Cement Market by End Use
7.4.4.3.2 UAE Fiber Cement Market by Raw Material
7.4.4.3.3 UAE Fiber Cement Market by Construction Type
7.4.4.4 Saudi Arabia Fiber Cement Market
7.4.4.4.1 Saudi Arabia Fiber Cement Market by End Use
7.4.4.4.2 Saudi Arabia Fiber Cement Market by Raw Material
7.4.4.4.3 Saudi Arabia Fiber Cement Market by Construction Type
7.4.4.5 South Africa Fiber Cement Market
7.4.4.5.1 South Africa Fiber Cement Market by End Use
7.4.4.5.2 South Africa Fiber Cement Market by Raw Material
7.4.4.5.3 South Africa Fiber Cement Market by Construction Type
7.4.4.6 Nigeria Fiber Cement Market
7.4.4.6.1 Nigeria Fiber Cement Market by End Use
7.4.4.6.2 Nigeria Fiber Cement Market by Raw Material
7.4.4.6.3 Nigeria Fiber Cement Market by Construction Type
7.4.4.7 Rest of LAMEA Fiber Cement Market
7.4.4.7.1 Rest of LAMEA Fiber Cement Market by End Use
7.4.4.7.2 Rest of LAMEA Fiber Cement Market by Raw Material
7.4.4.7.3 Rest of LAMEA Fiber Cement Market by Construction Type
Chapter 8. Company Profiles
8.1 Swisspearl Group AG
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Acquisition and Mergers:
8.2 CSR Limited
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.3 Nichiha Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Research & Development Expenses
8.3.4 Recent strategies and developments:
8.3.4.1 Product Launches and Product Expansions:
8.4 SHERA Public Company Limited
8.4.1 Company Overview
8.5 Beijing Hocreboard Building Materials Co. Ltd.
8.5.1 Company Overview
8.6 Knauf Gips KG (Gebr. Knauf KG)
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Beijing New Building Materials Public Limited Company
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 Etex NV
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Recent strategies and developments:
8.8.4.1 Acquisition and Mergers:
8.8.5 SWOT Analysis
8.9 Saint-Gobain Group
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Acquisition and Mergers:
8.9.6 SWOT Analysis
8.10. Toray Industries, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
8.10.5 SWOT Analysis
Chapter 9. Winning Imperatives for Fiber Cement Market

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